16

Mankato, MN Houses for Rent

Section Image
  • /15

    Starting at $1,650 Plus Fees

    • 2 - 3 Beds

    3131-3201 Noble Dr, Mankato, MN 56001

    New construction townhomes in the brand-new Groh Farm Development, located on the East side of Mankato. These townhomes offer eat-in kitchen, off street / attached garage parking, master ensuite bathroom, backyard patio.

    (507) 257-0363

    3131-3201 Noble Dr, Mankato, MN 56001
  • /18

    $1,495

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 808 Sq Ft
    • House for Rent

    725 N 6th St, Mankato, MN 56001

    Available August 1st!725 N 6th St., MankatoCharming single-floor 2-bedroom house with a basement, beautiful hardwood floors and a decorative fireplace that adds character. Includes washer and dryer, ceiling fan, and a standing shower. Enjoy a fenced yard, a 3-season front porch, plus the added benefit of a garage.Rent: $1,495 per month (due at move-in)Deposit: $1,695

    725 N 6th St, Mankato, MN 56001
  • /39

    $2,150

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,445 Sq Ft
    • House for Rent

    340 Terrace View W, Mankato, MN 56001

    Great 4 bedroom, 2 bath home located along the backside of Terrace View Golf Course. Main level has dining room, kitchen, family room, bedroom and full bath. Upstairs you will find 2 more large bedrooms and downstairs and you will find a 4th bedroom, family room, laundry area, storage room and another full bathroom. Bonus 5th room which would be good office or workout room. Attached 2 stall

    340 Terrace View W, Mankato, MN 56001
  • /10

    $2,400

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • 2,500 Sq Ft
    • House for Rent

    317 E Cherry St, Mankato, MN 56001

    Updated 5 bedroom home (with bonus room) available mid June. Perfect for students located downtown on Cherry street. New kitchen and bathroom. Large common area.

    317 E Cherry St, Mankato, MN 56001
  • /14

    $1,745

    Total Monthly Price

    • 5 Beds
    • 1.5 Baths
    • 1,424 Sq Ft
    • House for Rent

    431 N 5th St, Mankato, MN 56001

    Available August 1st!431 N 5th St., MankatoSpacious 5-bedroom, 1.5-bath home with large bedrooms, plenty of storage, and a large backyard. The layout offers room to spread out, plus a 3-season porch for added living space. Includes off-street parking, washer/dryer, pantry, and a dishwasher for your convenience. Located near Bethany Lutheran College!Rent: $1,745 per month

    431 N 5th St, Mankato, MN 56001
  • /12

    $1,950 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,634 Sq Ft
    • House for Rent

    109 Oriole Path, Mankato, MN 56001

    For Rent Available Immediately 1 Year Lease $1950 Deposit $1950 Washer & Dryer Included. Tenant pays all utilities. No Pets. No Smoking.

    JENNIFER WETTERGREN-LETOURNEAU eXp Realty

    109 Oriole Path, Mankato, MN 56001
  • /22

    $2,250

    Total Monthly Price

    • 5 Beds
    • 1.5 Baths
    • 2,496 Sq Ft
    • House for Rent

    130 Parsons St, Mankato, MN 56001

    Recently remodeled 5bd, 1.5 ba home with 2500 square feet in this historic Mankato brownstone is available after Aug 1--flexible lease start date! The combination of updated amenities and proximity to bars, restaurants, shopping, etc. makes this the ideal home to make the most of your Mankato experience! Home is licensed for up to 5 unrelated so it’s perfect if you’re a student or young

    130 Parsons St, Mankato, MN 56001
  • /7

    $1,324

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,408 Sq Ft
    • House for Rent

    319 E Main St, Mankato, MN 56001

    319 East Main, part of the Atwood Management family of unique properties, is conveniently located just blocks from Mankato's popular shopping and dining destination, Madison Avenue and close to the heart of the downtown district. You're going to love calling 319 East Main home. Accepts Section 8 vouchers.

    319 E Main St, Mankato, MN 56001

Frequently Asked Questions

How much does it cost to rent a single-family home in Mankato, MN?
The median rent for a single-family home in Mankato, MN is $1,679 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Mankato, MN?
To comfortably afford the median rent in Mankato, MN, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Mankato, MN, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mankato, MN?
In Mankato, MN, the price-to-rent ratio is 16.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Mankato, MN

Rental Home Trends

Number of Houses for Rent
8
Median Single Family Home Rent
$1,679
Median 3 Bedroom Single Family Home Rent
$1,790
Median 4 Bedroom Single Family Home Rent
$1,750
Median 5 Bedroom Single Family Home Rent
$2,400
How to Rent a Home